Month: March 2026
Why gold hasn’t moved since the Iran conflict — and where it could go next
Gold surged during the 12-day war with Iran last year and then gave up its gains when a ceasefire was announced. But, two weeks into the latest conflict, its price remains largely unmoved. Gold rose from $5,296 to $5,423 per troy ounce after the U.S. and Israel launched strikes on Iran on Feb. 28, aligning […]
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Trump raises the stakes on China with Section 301 trade probe, weeks before Beijing summit
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US […]
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Palantir is still using Anthropic’s Claude as Pentagon blacklist plays out, CEO Karp says
Palantir is still using Anthropic’s Claude as the artificial intelligence startup’s clash with the Pentagon plays out, CEO Alex Karp told CNBC Thursday. “The Department of War is planning to phase out Anthropic; currently, it’s not phased out,” Karp told CNBC’s Seema Mody at Palantir’s AIPcon 9 in Maryland. “Our products are integrated with Anthropic, […]
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The two oil pipelines helping Saudi Arabia and UAE bypass the Strait of Hormuz
A foreign tanker carrying Iraqi fuel oil damaged after catching fire in Iraq’s territorial waters, following unidentified attacks that targeted two foreign tankers, according to Iraqi port officials, near Basra, Iraq, March 12, 2026. Mohammed Aty | Reuters The effective closure of the Strait of Hormuz has abruptly thrust two alternative oil pipelines into the […]
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Anthropic’s Claude would ‘pollute’ defense supply chain: Pentagon CTO
Defense Department CTO Emil Michael on Thursday said Anthropic’s Claude artificial intelligence models would “pollute” the agency’s supply chain because they have “a different policy preference” that is baked in. “We can’t have a company that has a different policy preference that is baked into the model through its constitution, its soul, its policy preferences, […]
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Strait of Hormuz must remain closed as ‘tool to pressure enemy,’ Iran’s new supreme leader says
Son of Iran’s Supreme Leader Ayatollah Ali Khamenei, Mojtaba Khamenei, attends a demonstration to mark Jerusalem day in Tehran. Morteza Nikoubazl | Nurphoto | Getty Images Iran’s new Supreme Leader Mojtaba Khamenei has said all U.S. military bases in the Middle East should close immediately as those bases will be attacked, in his first public […]
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Google brings more AI to navigation with ‘Ask Maps’ feature that lets users ask complex questions
Omar Marques | Lightrocket | Getty Images Google is adding its Gemini AI technology to a new feature in its maps app, as the company pushes its artificial intelligence tools deeper into its expansive product portfolio. The new button called “Ask Maps” will feature a chatbot that allows users to ask complex questions outside of […]
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Amid Middle East conflict and new tax incentives, more family offices look to Hong Kong
Hong Kong’s Victoria Harbour. Yaorusheng | Moment | Getty Images As the Iran war rocks Dubai’s safe-haven image, Hong Kong’s expanding tax incentives for family offices may attract wealthy individuals reconsidering their Middle East exposure, lawyers and consultants told Inside Wealth. “We’re seeing a lot more interest in Hong Kong. This interest, especially in the […]
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Energy Secretary Wright says U.S. ‘not ready’ to escort tankers through Strait of Hormuz yet
The U.S. Navy is not ready to escort oil tankers through the Strait of Hormuz, Energy Secretary Chris Wright told CNBC in an interview Thursday. “It’ll happen relatively soon but it can’t happen now,” Wright said. “We’re simply not ready. All of our military assets right now are focused on destroying Iran’s offensive capabilities and […]
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Oil reserves, tariff investigations, airline fuel prices and more in Morning Squawk
1. Barrel roll-out Pumpjacks operate while others stand idle in the Belridge oil field on March 10, 2026 near McKittrick, California. Mario Tama | Getty Images The member states of the International Energy Agency yesterday agreed to release 400 million barrels of oil from its reserves, the largest release from the agency’s emergency stockpile ever. […]
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